Prime Investment Opportunity, 5.6+ cap rate. Fully Rented, De-leaded 12-Bedroom three family near Lynn Common. Turnkey Investment. This property offers a seamless investment opportunity with all units fully rented and generating income. Start reaping returns from day one. Situated only 12 miles from downtown Boston, your tenants have easy access to transportation, shopping centers, schools, and major routes. With massive unit size, each residence offers spacious accommodation contributing to higher rental yields and tenant satisfaction. While the property is already generating income, there's potential to further enhance its value through specific renovations or amenities upgrades, allowing you to capitalize on market trends and increase rental premiums. Don't miss out on the chance to secure your foothold in one of the most promising real estate markets today! Call today for your private showing.

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Basic Information

Gross Income $108,264
Lot Features Easements, Level
Mls StatusNew
Parcel Number 2005887
Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water)

Tax Information

Tax Assessed Value $897,400
Tax Year 2025
Taxes$9,297

School Information

Elementary SchoolLps
High SchoolLPS
High School Lps
Junior HighLps

Parking

Open Parking YN Yes
Parking Features Paved Drive, Off Street, Paved
Parking Spaces1

Rooms

Bathroom3
Bathrooms Total Decimal 3
Bedrooms12
Full Bath3

Basic Information

List Price$1,325,000
MLS Number73542427
Modification Date06/27/2026
Property SubType3 Family

Location

Address44 A&b Park Street
Building Number44 A&b
CountyEssex
StateMA
StreetPark Street
TownLynn
Zip01905

Building

BasementFull, Interior Entry, Concrete
Building Area Units Square Feet
Construction Materials Frame
FoundationStone
Levels 3
Patio And Porch Features Covered
Rooms18
Stories3
Units3
Year Built1880
Year Built Details Actual
Year Built Source Public Records

Property

Acreage0.08

Interior

Flooring Hardwood
Interior Features Pantry, Bathroom With Tub & Shower, Internet Available - Unknown, Living Room, Kitchen

Exterior

Exterior Features Balcony/Deck
RoofRubber

Utilities

Heat SystemYes
Heating Natural Gas, Oil
Sewer Public Sewer
Water Source Public

Property Information

Building Area Source Public Records
Living Area 4,740
Lot Size Square Feet 3,584
Lot Size Units Acres
Square Feet4,740

Amenities

AmenitiesPublic Transportation, Park, Laundromat, Public School
Appliances IncludedRange, Refrigerator, Freezer
Other AmenitiesBasement

Water Body

Miles to Beach2
Waterfront Features Ocean,1 to 2 Mile To Beach, Beach Ownership(Public)

Legal

ZoningR4

Other

Date Listed06/26/2026
Farm Land Area Units Square Feet

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Map Location

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Newton, MA

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More Info

Basic Information

Tax Information

School Information

Parking

Rooms

Basic Information

Location

Building

Property

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Exterior

Utilities

Property Information

Amenities

Water Body

Legal

Other

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Newton, MA